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The latest announcement is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).
AFIC announced its estimated net tangible asset (NTA) backing per share as of January 24, 2025, which stands at $8.44, compared to the share price of $7.60 at the close of trading on the same date. This unaudited, indicative figure reflects the company’s market valuation of its investments before accounting for taxes, highlighting a potential undervaluation in the current market and providing critical information for investors assessing the company’s financial health.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited (AFIC) operates within the investment industry, focusing on a diversified portfolio of Australian equities. The company aims to provide shareholders with growth in capital and dividends over the long term through investments in quality Australian companies.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Buy
See more data about AFI stock on TipRanks’ Stock Analysis page.
